1: A consumer has a Cobb Douglas utility function (X1X2) his budget constraints is P1X1+P2X2 ?m. Set up a langrangian function and use it to derive the optimal demand function of the goods x1 and x2. Research Paper

1: A consumer has a Cobb Douglas utility function (X1X2) his budget constraints is P1X1+P2X2 ?m. Set up a langrangian function and use it to derive the optimal demand function of the goods x1 and x2.

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